Question
What are the arguments in favor and against governmental intervention to battle the economic crisis that has resulted from the Covid-19 pandemic? In question 4
What are the arguments in favor and against governmental intervention to battle the economic crisis that has resulted from the Covid-19 pandemic?
In question 4 able to answer the main question. Now that you have done your research into recent fiscal and monetary policy changes and studied their impact on the Dutch economy, you can reflect by writing a short essay on whether it is best for governmental institutions to intervene to combat the crisis or let the economy to self-adjust. In your essay, clearly list and motivate the advantages and disadvantages of governmental intervention. You can use the examples to support your argument or give other examples of government intervention, or cases where the government didn't intervene and the economy self-adjusted. Finally, also argue which approach you support and why? Clearly motivate your answer by providing examples, articles, blogs etc. in support of your choice.
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